Francescas Holdings

Francesca’s has filed for Chapter 11 bankruptcy and is conducting court-approved store closing sales at all more than 400 locations, planning to liquidate remaining merchandise before shutting down. The company reports $10–50 million in assets and $50–100 million in liabilities and has sought court permission to continue paying wages and vendors during the wind-down. Customers can expect clearance discounts of roughly 25–40% as stores complete liquidation. » Más en finance.yahoo.com